Treasury & FX

Money Markets

Term Deposits for periods starting from 1 week up to 1 year to suit different customers’ needs. Term Deposits are issued in any of the following currencies; EGP, USD, EUR, GBP, or SAR.
Other FCY long term saving schemes are also available at Banque du Caire such as 1, 3, and 5 years CDs in USD, EUR, and GBP.

Foreign Exchange

Providing competitive exchange rates either against EGP or foreign currencies.

Financial Derivatives

Providing a variety of financial derivatives to hedge customer’s potential exposure like Interest Rate Swap (IRS) and FX Forward Contracts:

Interest Rate Swaps

Interest Rate Swaps “IRS” is the exchange of a fixed interest payments rate for floating rate payments, or vice versa.
Under the IRS, customer’s floating rate obligations will be exchanged with fixed-rate obligations through paying a fixed interest to the bank.
IRS is usually contracted to secure the future commitments of customers through:
Fixing the interest rate of each instalment; therefore, avoiding the fluctuations of the interest rate market
Fully assessing future commitments
Optimum certainty of the outgoing cash flow at different commitment dates

FX Forward Contracts:

A Forward Exchange Contract is a special type of foreign currency transaction. Forward Contracts are agreements between two parties (the bank and the client) to exchange two designated currencies at a specific time in the future. Such a product helps the client to protect against potential fx fluctuations.

Fixed Income

The Ministry of Finance issues Treasury Bills auctions for different tenors (3,6,9&12 months ) and Treasury Bonds auctions for different tenors (3,5,7,&10 years) , which are used to finance the internal government’s debt.

Banque du Caire is an authorized bank to act as a primary dealer on behalf of the Ministry of Finance which enables the bank to subscribe immediately to the auctions for its own portfolio and for retail clients clients upon their orders . Banque du Caire is also an active player in the Secondary Market.

Sales Desk Direct Access

Real time quotations and pricing for all Treasury products
All treasury products sale to customers
Evaluation of customer’s cash flow precisely according to business needs

Research and Analysis

A daily “Morning Brief” is prepared by the Treasury Group. The Morning Brief contains information such as; FX rates, LIBOR, Deposits rates, latest market bulletins and news, major commodity rates, top stock exchanges indices and other useful information.